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Cap Rate Analysis: Coeur d'Alene, ID

Investment metrics, interactive calculators, and data-driven analysis for Coeur d'Alene rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $585,000 median price and $1,700/mo median rent
Est. Cap Rate
1.90%
1% Rule
0.29%
Fails
GRM
28.7x
Price / Income
10.1x

Market Data

Median Home Price$585,000
Median Monthly Rent$1,700
Property Tax Rate0.64%
Population50,000
Population Growth2.6% / yr
Median Household Income$58,040
Vacancy Rate4.2%
Annual Appreciation2.4%

Cap Rate Calculator — Coeur d'Alene

Pre-filled with Coeur d'Alene medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.64% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
1.67%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$9,787
net operating income
Gross Rent Multiplier
28.7x
High (>15)
1% Rule
0.29%
✗ Fails
Monthly Cash Flow
$816
before debt service
Annual Breakdown
Gross Rental Income$20,400
Less Vacancy−$857
Effective Income$19,543
Less Operating Expenses−$9,756
Net Operating Income$9,787
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Cash-on-Cash Return — Coeur d'Alene

Factor in financing to see your actual return on invested capital in Coeur d'Alene.

$
$146,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-13.73%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$163,800
$146,250 down + $17,550 closing
Monthly Mortgage
$2,860
on $439K loan
Monthly Cash Flow
$-1,874
after all expenses
Annual Cash Flow
$-22,492
before taxes
Cash Flow Breakdown
Monthly Rent$1,700
Less Expenses−$714
Less Mortgage−$2,860
Monthly Cash Flow$-1,874

Is Coeur d'Alene a Good Place to Invest in Rental Property?

Coeur d'Alene, ID has a population of 50,000 and has been growing at 2.6% annually — well above the national average, signaling strong housing demand from population inflows. The median home price of $585,000 paired with median rents of $1,700/mo produces an estimated cap rate of 1.90%.

Property taxes at 0.64% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 4.2% is impressively low, indicating tight rental supply and strong tenant demand — favorable for landlords.

At a price-to-income ratio of 10.1x, homes cost about 10.1 times the local median income of $58,040. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.4% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Coeur d'Alene is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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